Get started

NZD-USD

NZD/USD Possible Upward MoveHello Traders Last week, NFP and unemployment news did mixed signals. NFP got bullish but so weak. in the other side, unemployment did a bearish signal. We believe all USD pairs are going to make correction moves until FED's interest rate decision. So here is why we are bullish on NZD/USD: 1- RSI and Stochastic made a RD+. 2- Possible Double bottom formation. 3- in macro TF Price is moving inside of Triangle. 4- Price is struggling with downward trendline. 5- an engulfing bullish candle(4hr TF) has been made on support. If you like it then Support us by Like, Following and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Long
by FortunaInvestments
1
NonFarmPayroll Prep (NZDUSD)NFP analysis for the first Friday of the month! The expectation is for an increase of 295K with last month released at 528K (The previous month's forecast was 250K). And relatively unchanged in terms of the unemployment rate and average hourly earnings. If the data is released better than expected, the USD should strengthen. The NZDUSD has a strong descending trend line that applies downward pressure on price. But, the NZDUSD currently trades just above the 0.6060 support level. If the price breaks lower, there is little support until the 0.5930 price level (which was last reached in may 2020). Consider the possibility that the NZDUSD could find a significant upside move in the event of a surprise/bad data release from the US. If the price breaks above 0.61 and the diagonal trendline, the NZDUSD could climb towards 0.6158 and even 0.6250.
Long
by JinDao_Tai
NZD/USD Outlook (30 August 2022) The upside of the NZDUSD halted at the price level of 0.6220, resisted by the downward trendline and the significant move lower driven by hawkish comments from the Federal Reserve. The NZDUSD found the 0.61 support level before retracing higher towards the 0.6160 price level. Look for the price to reject the resistance level and the diagonal trend line to signal further downside. However, the NZDUSD could have limited downside potential with 0.6060 a key support level, last tested in 2020. The NZDUSD moves in a similar fashion to the AUDUSD.
Short
by JinDao_Tai
💡Don't miss the great buy opportunity in NZDUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6185). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 60. Take Profits: TP1= @ 0.6250 TP2= @ 0.6280 TP3= @ 0.6315 TP4= @ 0.6364 TP5= @ 0.6382 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
12
💡Don't miss the great buy opportunity in NZDUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6185). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 60. Take Profits: TP1= @ 0.6250 TP2= @ 0.6280 TP3= @ 0.6315 TP4= @ 0.6364 TP5= @ 0.6382 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
NZDUSD Potential for Bearish MomentumOn the H4, with price moving within the descending trendline and below the ichimoku indicator, we have a bearish bias that price will drop from sell entry at 0.62056, where the overlap support and 61.8% fibonacci retracement are to the take profit at 0.61488, where the swing low and 78.6% fibonacci retracement are. Alternatively, price could rise to stop loss at 0.62487, which is in line with the previous swing high. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
1
NZDUSD Potential Bearish ContinuationOn the H4, with price moving below the ichimoku indicator, we have a bearish bias that price will drop from sell entry at 0.62124 where the pullback overlap resistance is to the take profit at 0.60606 where the swing low support and 161.8% fibonacci extension are. Alternatively, price could break entry structure and rise to stop loss at 0.63142 where the overlap resistance, 50% fibonacci retracement and 61.8% fibonacci projection are. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
5
NZDUSD Potential for bearish drop | 25th August 2022On the H4, with price moving below the ichimoku indicator, we have a bearish bias that price will drop from sell entry at 0.62122 where the pullback overlap resistance is to the take profit at 0.60612 where the swing low support and 161.8% fibonacci extension are. Alternatively, price could break entry structure and rise to stop loss at 0.63160 where the overlap resistance, 50% fibonacci retracement and 61.8% fibonacci projection are. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
Selling rallies on NZDUSDNZDUSD - Intraday - We look to Sell at 0.6250 (stop at 0.6300) Previous support located at 0.6200. Previous resistance located at 0.6250. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 0.6250, resulting in improved risk/reward. A move through 0.6200 will confirm the bearish momentum. Our profit targets will be 0.6150 and 0.6125 Resistance: 0.6250 / 0.6300 / 0.6325 Support: 0.6200 / 0.6150 / 0.6125 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
1
NZDUSD Potential for Bearish ContinuationOn the H4, with the price moving within the descending trendline, below ichimoku cloud and MACD indicators are below zero, we have a bearish bias that the price may drop from the sell entry at 0.61885, which is in line with the pervious swing low to the take profit at 0.60996, which is in line with the swing low. Alternatively, the price may rise to the stop loss at 0.62312, where the 23.6% fibonacci retracement is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
2
NZDUSD Potential for Bearish Drop| 19th August 2022On the H4, with the price moving within the descending channel, below ichimoku cloud and MACD indicators are below zero, we have a bearish bias that the price may drop from the sell entry at 0.62151, which is in line with the 61.8% fibonacci retracement and pervious swing lows to the take profit at 0.61411, which is in line with the swing low and 78.6% fibonacci retracement. Alternatively, the price may rise to the stop loss at 0.62778, where the 23.6% fibonacci retracement is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
NZDUSD selloff is showing no sign of endingNZDUSD - Intraday - We look to Sell at 0.6325 (stop at 0.6375) Previous support located at 0.6250. Previous resistance located at 0.6300. There is no indication that the selloff is coming to an end. Risk/Reward would be poor to call a sell from current levels. A move through 0.6250 will confirm the bearish momentum. Our profit targets will be 0.6225 and 0.6200 Resistance: 0.6300 / 0.6325 / 0.6350 Support: 0.6250 / 0.6225 / 0.6200 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
1